CEZ shareholders’ meeting in Czechia will not address group transformation; dividend to be main item

The general meeting of energy group CEZ, to be held in Prague on 26 June, will not have the possible transformation of CEZ on its agenda. None of the shareholders requested this. The main item will therefore be the dividend for shareholders, which the company’s management has proposed at CZK 117 per share, the highest amount to date. Energy group spokesperson Ladislav Kříž told CTK. The government is currently considering a possible restructuring of CEZ, which it says could give the state greater control over energy infrastructure.

CEZ shareholders could submit requests to add items to the general meeting agenda until the end of last week. “No request to add an item was received, so the agenda for the general meeting will be as proposed by the CEZ board of directors. We have not received any counterproposals either. The agenda for the general meeting is now closed, and it will not include any extraordinary item related to the transformation or restructuring of the company,“ Kříž said.